Dr agarwal’s Health Care IPO’s flat entry in the market, investors did not benefit despite market boom

Dr agarwal’s Health Care IPO Listing: Dr. Aggarwal Healthcare IPO (Dr Agarwal’s Health Care IPO) got flat entry in the stock market. The company’s shares were listed at an equal level at the same level on Tuesday (February 4) as against the issue price of Rs 402 per share. Dr. Aggarwal Health Care Shares on BSE 396.90 Listed on the rupee. It is Rs 5.10 or 1.27% less than its allotment price of Rs 402. Company shares on National Stock Exchange (NSE) 402 There was a flat list similar to the issue price on the rupee.

How was the response getting in the gray market?

The IPO listing of Dr. Aggarwal Health Care was largely in accordance with the expectations of the gray market. According to market experts, the company’s shares were trading at Rs 398 per share before the listing in the market, which is Rs 4 per share or 1 percent less than the issue price.

How was Dr. Aggarwal Healthcare IPO subscription status

Dr. Aggarwal Healthcare IPO was subscribed to 1.55 times. According to NSE data, the public issue received a bid of 8,32,18,380 shares in lieu of offering 5,35,26,172 shares. The QIBS portion of the IPO was the most subscribed to 4.64 times. After this, the RIIS segment was booked 0.41 times and Niis was booked 0.40 times.

Dr. Aggarwal Health Care IPO Details

Dr. Aggarwal opened on January 29 to apply for the IPO of Health Care and closed on 31 January to subscribe. The price band for IPO was fixed between ₹ 382 to ₹ 402 per share. The IPO size of Dr. Agrawals Healthcare is Rs 3027.26 crore. This book is divided into two parts. This includes a fresh issue of 75 lakh shares, which costs Rs 300 crore.

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What does Dr. Agarwals Health Care Limited do?

Dr. Agrawal’s Health Care Limited, established in 2010, provides several services related to eye care. This includes cataract and refractive surgery, counseling, diagnosis, without surgery treatment, and the sale of glasses, contact lenses, accessories and drugs related to eye care.

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